Santam: In good shape, bad PR aside
Santam’s reputation, not its finances, has taken the real battering from Covid. That puts it on brokers’ buy lists
10 September 2020 - 05:00
Santam might have got through the first six months of 2020 in good shape financially, but the insurer’s reputation has been hit much harder.
Its refusal to pay out business interruption claims related to the lockdown resulting from the Covid-19 epidemic has been widely criticised, particularly from a business which promises "insurance good and proper".
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now